United Arab Emirates Economy Overview

Economic Environment :

Open economy with one of the world’s highest per capita incomes and with a sizeable trade surplus. The government is encouraging increased privatisation within the economy. Industrial development is expected to pick up in 1997-98. :

Industries :

UAE’s wealth is based on oil and gas output, and the fortunes of the economy fluctuate with the prices of those comodities.

Infrastructure :

Well served by large modern ports. Two sea ports, six international airports and the Dubai Cargo Village is one of the most modern and efficient air cargo centres in the world.